CBT Bank

CBT Bank was established on January 15, 1902, originally named The Clearfield Trust Company. Over the years, the institution underwent several significant changes. On December 4, 1969, it withdrew from membership in the Federal Reserve System and changed its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC), transitioning to a state-chartered bank that was not a member of the Federal Reserve System. CBT Bank subsequently acquired full trust powers on February 2, 1970. After decades of operation, the bank rebranded itself as CBT Bank on August 30, 2016. In a series of mergers, CBT Bank first became part of Riverview Bank in Marysville, Pennsylvania, on October 1, 2017, and later merged with Mid Penn Bank in Millersburg, Pennsylvania, on November 30, 2021.

Below is a list of some important events in banks history, including mergers and acquisitions.

1902-01-15Institution established. Original name: The Clearfield Trust Company.

1969-12-04Institution withdraws from membership in the Federal Reserve System.

1969-12-04Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

1969-12-04Changed Primary Federal Regulatory Agency to FDIC.

1970-02-02Changed Trust Powers to Full.

2016-08-30Changed Institution Name to Cbt Bank.

2017-10-01Merged and became part of Riverview Bank in Marysville, PA.

2021-11-30Merged and became part of Mid Penn Bank in Millersburg, PA.